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23.03. Fresh trading analysis: markets fall, new coronavirus wave

Tuesday, March 23rd, today’s news—European markets retreat on the coronavirus concerns as a new wave of the pandemic is underway. Markets of the US and Asia also fall after a rally of American tech stocks, dollar strengthens ahead of speeches by the Fed's chair Jerome Powell and Treasury secretary Janet …

GBPJPY analysis

The overall trend is upward. The descending pattern of the H2 level is truncated. The currency pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator have come out of the oversold …

Trading Idea for Exxon Mobil Corp. (NYSE)

#XOM

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The support level is being formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending pattern 1-2-3 is formed, where wave 1 …

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